Based on the forecasted data, passenger transport employment in Japan is set to decline steadily from 2024 to 2028. The data shows a decreasing trend from 749.91 thousand employees in 2024 to 625.09 thousand employees in 2028. Comparing year-on-year, the employment figures drop by approximately 4.3% from 2024 to 2025, 4.4% from 2025 to 2026, 4.5% from 2026 to 2027, and 4.6% from 2027 to 2028. Analyzing the compound annual growth rate (CAGR) over this five-year period, the average decrease per year is around 4.45%.
Future Trends to Watch For:
- Potential impact of automation and AI on workforce requirements.
- Shifts in consumer preferences towards sustainable and eco-friendly transport options.
- Demographic changes such as an aging population influencing demand for various passenger transport services.
- Evolving policy and regulatory frameworks affecting the transport sector.